[holding answer 27 March 2007]: The contribution of the waterways to urban and rural regeneration is acknowledged. They act as a catalyst for economic and social regeneration, having the potential to generate jobs and development. There is reckoned to be around a 20 per cent. uplift in land values along a canal corridor. Their contribution to tourism is also significant given the opportunities they provide for leisure and recreation.
[holding answer 27 March 2007]: This is an operational matter for British Waterways. I understand it announced deferral of major engineering works to the value of £5.6 million following the in-year cut of £3.9 million for 2006-07.